Brookstone Capital Management Raises Position in Innovator Defined Wealth Shield ETF $BALT

Brookstone Capital Management grew its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 18.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 916,528 shares of the company’s stock after purchasing an additional 144,972 shares during the quarter. Brookstone Capital Management owned approximately 1.97% of Innovator Defined Wealth Shield ETF worth $30,713,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of BALT. GGM Financials LLC bought a new position in Innovator Defined Wealth Shield ETF during the 3rd quarter valued at $33,000. Caitlin John LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF in the 3rd quarter worth $78,000. Geneos Wealth Management Inc. bought a new stake in shares of Innovator Defined Wealth Shield ETF in the 3rd quarter worth $90,000. NWF Advisory Services Inc. purchased a new stake in shares of Innovator Defined Wealth Shield ETF in the third quarter valued at about $201,000. Finally, Accurate Wealth Management LLC purchased a new stake in shares of Innovator Defined Wealth Shield ETF in the fourth quarter valued at about $206,000.

Innovator Defined Wealth Shield ETF Price Performance

BALT opened at $33.43 on Tuesday. Innovator Defined Wealth Shield ETF has a fifty-two week low of $30.07 and a fifty-two week high of $33.84. The firm has a market capitalization of $1.55 billion, a P/E ratio of 24.42 and a beta of 0.14. The company’s 50-day moving average is $33.65 and its 200 day moving average is $33.29.

Innovator Defined Wealth Shield ETF Company Profile

The Innovator Defined Wealth Shield ETF (BALT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF over a three-month outcome period. The actively managed fund holds flex options. BALT was launched on Jul 1, 2021 and is managed by Innovator.